Thursday, 26 May, 2022
TopicMoney laundering

Topic: money laundering

Sri Lanka ex-minister Namal Rajapaksa earned ‘over million euros’ in corrupt deals, report claims

ABC investigation claims former sports minister got payoffs from Australian medical firm Aspen, which allegedly laundered millions of dollars in Sri Lanka. Rajapaksa denies allegations.

Washington Post shows support for Rana Ayyub, calls her ‘target of prejudiced investigations’

Full page support statement issued Sunday comes after Enforcement Directorate attached attached funds worth Rs 1.77 crore in Ayyub's name, in alleged money laundering case.

8 years in US prison, ‘drug hauls, money laundering’: The murky past of Paradiso’s Ashok Solomon

The 75-year-old — acquitted in all except a money laundering case filed by ED — is out on bail, but is now ‘under probe’ in a case of culpable homicide not amounting to murder.

ED attaches Rs 1.77 cr aid raised by Rana Ayyub, she says claims won’t withstand fair scrutiny

Agency alleges the journalist transferred money raised for charity into the accounts of her sister and father. She denies allegations, saying all funds are accounted for.

ED attaches Rs 1.77 crore of journalist Rana Ayyub’s funds in ‘money laundering’ case

Ayyub is being probed by the Enforcement Directorate based on an FIR filed by the Ghaziabad police in September last year for 'misusing' funds raised for relief.

Ex-Maharashtra minister Anil Deshmukh gets 14-day judicial custody in money laundering case

The money laundering case against Deshmukh was filed after the CBI booked him in a corruption case related to bribery, as alleged by ex-Mumbai police commissioner Param Bir Singh.

ED arrests Unitech founder Ramesh Chandra, daughter-in-law Preeti in money laundering case

They have been arrested in the same case in which Ramesh Chandra’s sons Sanjay and Ajay are accused of siphoning home buyers' money. Preeti is Sanjay’s wife.

ED arrests Ambience group promoter Raj Singh Gehlot in Rs 800 crore bank loan fraud case

The case against Gehlot is based on a 2019 FIR by Jammu's anti-corruption bureau for alleged money laundering in the construction of 5-star Leela Ambience Convention Hotel in Delhi.

FATF review of India’s anti-money laundering, terror financing regime deferred again to 2022

The last such review by Financial Action Task Force, global money laundering & terrorist financing watchdog, was held in June 2010 and is taken up again after a period of 10 years.

ED conducts searches at premises of Videocon group, promoters in money laundering case

The probe is linked to alleged siphoning of bank loan funds in connection with the financing of the oil and gas assets of the business house in Mozambique, official sources said.

On Camera


Vehicles travel along near-empty roads during a lockdown due to Covid in Shanghai, China | Representational image | Bloomberg

China’s economy slump shows no sign of bottoming out in May

The weakness in the gauge — the worst since the early months of the pandemic — reflects the lingering effects of large-scale lockdowns despite recent progress toward reopening.


Naval helicopters | Representational image |

What’s Combined Military Forces-Bahrain? US-backed coalition India joined on Quad sidelines

India is 35th member of the maritime counterterrorism partnership that also includes Pakistan, Australia, Bahrain, Denmark, Egypt, France, Germany and Greece, among others.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.